At just under $5 per share, ContextLogic (NASDAQ:WISH) is technically in penny-stock territory. Worse yet, WISH stock has many of the negative traits usually exhibited by penny stocks. For example, ContextLogic’s financial results are poor, and its prospects are murky. Source: sdx15 / Shutterstock.com Consequently, very few investors are holding their breath waiting for the company
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Telecommunications giant AT&T (NYSE:T) should be a darling of the markets, but it’s not. For the past five months, T stock has been “dead money,” temporarily robbing investors of their wealth. Source: Shutterstock In my view, AT&T is a company with staying power and global recognition, which deserves better treatment by Wall Street. The shares of
To put it succinctly, there isn’t very much making Lemonade (NYSE:LMND) stock attractive at present. Source: Stephanie L Sanchez / Shutterstock.com Yes, there’s news that the insurance company is launching a new service for pets. That will expand the company’s product mix beyond life, homeowners, and renters insurance. And Lemonade already announced a car insurance
DatChat (NASDAQ:DATS) is a private messaging application company with little going for it — aside from the cash it raised at its Aug. 13 initial public offering (IPO). DatChat raised $11.04 million according to its most recent prospectus. Somehow, DATS stock now has a market value of about $220 million, according to Yahoo! Finance. Source:
Millions of Americans have participated in the United States Supplemental Nutrition Assistance Program (SNAP), getting access to basic food products that they might have otherwise been unable to afford. Given that SNAP is a federal program, it would be easy to assume that it functions relatively uniformly throughout the U.S. In practice, however, the presence
Take a look at some of the biggest movers in the premarket: Southwest Airlines (LUV) – The airline canceled more than 1,800 flights over the weekend, citing bad weather, air traffic control issues and staff shortages. Southwest disputed speculation that its high level of cancellations compared to other airlines was due to employee protests of
October has been a choppy month so far, forcing long-term investors to seek potentially safer assets, such as gold and silver stocks. Over the past month, the Dow Jones Industrial Average (DJIA) is up 0.4%, while the S&P 500 index and Nasdaq 100 are down 1.5% and 3.4% respectively. As a result, tailwinds for gold and silver stocks
Meta Materials (NASDAQ:MMAT), a Canadian company that develops nanocomposite materials and products, just closed on its first major acquisition in the nanotech field. The good news is that this acquisition will bring in much more revenue than the measly $624,000 Meta Materials made in its second quarter. The bad news is that the highly inflated
In a year where many retail investors turned to meme stocks and SPACs, specialty home goods retailer Williams-Sonoma (NYSE:WSM) has avoided the risk and irrational valuations seen elsewhere in the market. And WSM stock has performed extremely well in 2021. Source: designs by Jack / Shutterstock.com Shares are up 74.13% in 2021 as of the close
New England Patriots cornerback Stephon Gilmore (24) stretches during the New England Patriots practice session in Foxborough, MA on Oct. 22, 2020. Barry Chin | Boston Globe | Getty Images Check out the companies making headlines in midday trading. Energy stocks – Oil stocks rose again Monday as futures for West Texas Intermediate crude traded
Palantir Technologies (NYSE:PLTR) is known for secrecy and its long list of government clients. Its shares haven’t moved much in the past 6 months. PLTR stock was trading at $23 in April and is trading at the same level today. Source: Ascannio / Shutterstock.com The company went public through a direct listing and since then, it
A few months back, ChargePoint (NYSE:CHPT) stock had plenty of positive catalysts that were helping it move higher or, at the very least, hold steady. Not only was the U.S. bipartisan Infrastructure bill helping to sustain buzz about the shares, but the market was highly favorable to speculative growth stocks. Source: YuniqueB / Shutterstock.com But
FuelCell Energy (NASDAQ:FCEL) saw its shares close at a high of $27.96 in early February. Since then, the story has been much less impressive, with the stock in a long slide. At this point, FCEL stock is trading for $6.71, down 76% from its February high. Shares are also down 40% for the year. So,
The largest industries driving New Jersey’s economy include pharmaceuticals and life sciences, financial services, advanced manufacturing, information technology, and transportation and logistics. There are 16 Fortune 500 companies based in New Jersey. Key Takeaways New Jersey’s largest industries include financial services, transportation and logistics, and life sciences. While the technology industry in New Jersey is shrinking, the
Once upon a time, everyone was doing share repurchases. Then Covid-19 hit, and businesses of all sizes were looking to conserve cash. As a result, repurchases went out of vogue. But now they’re back, and many investors look to buybacks as an indicator of stocks to buy for long-term profits. In the second quarter of
Alibaba (NYSE:BABA) seemed like a solid investment for much of 2020. BABA stock bounced back quickly after the March 2020 stock market crash. Powered by China’s early recovery from the pandemic, by the end of last October, BABA closed at an all-time high. Source: Kevin Chen Photography / Shutterstock.com When it closed at $317.14 October
It seems as though every week there is a new company in the news because of Reddit. Traders on investing forums are always on the prowl for the next GameStop (NYSE:GME). And there have been a few short squeeze plays that have come to my attention thanks to Reddit, but I rarely trade based on
In this article GOOGL FB PTON Shannon Stapleton | Reuters Rising oil prices, the prospect of the Federal Reserve dialing back its easy-money policy and tension among lawmakers in Washington are just a few of the factors behind the latest bout of volatility in the markets. Top analysts are sticking by these names amid the
Overall, one of the main catalysts for President Joe Biden’s 2020 electoral victory was his stance on the novel coronavirus pandemic. Leading up to the election, former President Donald Trump’s administration made critical errors, primarily flirting with unsubstantiated Covid-19 allegations which undid the good of Operation Warp Speed. In turn, it’s unfortunate because people are
Investors who are still holding onto shares of ContextLogic (NASDAQ:WISH) stock should dump the stock now before there’s nothing left. Source: sdx15 / Shutterstock.com WISH stock plummeted 28% in the last month, bringing its total decline for the year to 71%. It’s flirting with the $5 mark, which would make it a penny stock. Shareholders
The Walt Disney Company (NYSE:DIS) used to pay a consistent dividend and also buy back its own shares. However, for the past year and a half, since the end of 2019, it stopped returning capital to its shareholders. It’s now clear that DIS stock has not done very well as a result of this decision.
Those looking to build a business may be attracted to the benefits of a franchise. In addition to offering the support and promotion of the franchise from the headquarters itself, many franchises can be purchased with startup fees that are relatively affordable. Before you officially throw your hat into the entrepreneur ring, consider these affordable
Editor’s Note: This column is part of InvestorPlace.com’s Best Stocks for 2021 contest. Eric Fry’s pick for the contest is Osisko Gold Royalties (NYSE:OR). Source: Shutterstock Since our last update in mid-July, Osisko Gold Royalties (NYSE:OR) has continued to deliver relatively forgettable returns for 2021. The stock is down 7% year-to-date, matching gold’s 7% retreat year-to-date. In other
While I could get into a complicated argument about Greenidge Generation (NASDAQ:GREE), I think my colleague Alex Sirois said it best and said it succinctly: “There is now no reason to be invested” in GREE stock following the underlying company’s merger with Support.com in mid-September. Source: Shutterstock Since the mid-September merger, Greenidge shares have done
Globalstar (NYSEAMERICAN:GSAT) has been on a roller coaster ride so far in 2021. GSAT stock, a satellite communications and internet-of-things (IoT) play, zoomed from 34 cents to just over $2.50 per share during February’s “meme stock” mania. Source: NicoElNino / Shutterstock.com Then, in the spring — as this trend cooled — shares dipped back to around
In this article ELAN Marko Geber | DigitalVision | Getty Images Company: Elanco (ELAN) Business: Elanco is one of the largest global animal health pharmaceutical companies, developing and marketing products for both pet health and farm animals. It offers pet health disease prevention products, such as parasiticide and vaccine products that protect pets from worms,
In this article GM STX NCLH PLTR AYI STZ Check out the companies making headlines before the bell: Constellation Brands (STZ) – The maker of beer and wine reported adjusted quarterly earnings of $2.38 per share, missing the $2.77 consensus estimate, although revenue did beat Wall Street forecasts and Constellation increased its full-year earnings outlook.
I have said this in the past and will say it again, tech stocks are hot picks and will continue to remain at the top for the rest of 2021. Advanced Micro Devices (NASDAQ:AMD) has proved its worth time and again. It has enjoyed a strong couple of years and is enjoying the momentum. AMD
My editors asked me to give my 2 cents about SmileDirectClub (NASDAQ:SDC), the direct-to-consumer medtech platform that’s supposed to make your smile look like a million bucks. Unfortunately, for IPO investors, SDC stock has been anything but a millionaire-maker since going public in September 2019 at $23 a share. Source: Thamyris Salgueiro / Shutterstock.com SDC
Believe it or not, the hottest hypergrowth industry in the world right now is one that not many folks on Wall Street are chatting about, and that’s the Buy Now, Pay Later market. Source: Shutterstock Buy Now, Pay Later – or BNPL – is a relatively new type of digital fintech product that allows folks